ITG Releases December 2017 U.S. Trading Volumes and Provides International Trading Commission Update
January 09 2018 - 6:59AM
ITG (NYSE:ITG), a leading independent broker and financial
technology provider, today announced that December 2017 U.S.
trading volume was 2.7 billion shares and average daily volume
(ADV) was 133 million shares, compared to 2.9 billion shares and
ADV of 137 million shares in November 2017 and 3.1 billion shares
and ADV of 150 million shares in December 2016. There were 20
trading days in December 2017 and 21 trading days in both November
2017 and December 2016.
ITG U.S. Trading Activity
In addition to overall U.S. trading volumes, ITG also provides a
monthly summary of average daily volume (double-counted) and
average trade size for the POSIT® crossing network and POSIT
Alert.
|
|
|
|
# ofTradeDays |
Total U.S.Volume |
Average U.S.Daily Volume |
AveragePOSITDailyVolume |
AveragePOSITTradeSize |
AveragePOSITAlert DailyVolume |
POSITAlertAverageTrade Size |
POSIT AlertAvg. TradeSize Ex-Algos* |
|
|
|
|
|
|
|
|
|
December2017 |
20 |
2,657,379,382 |
132,868,969 |
47,993,220 |
288 |
14,850,340 |
27,079 |
38,339 |
|
|
|
|
|
|
|
|
|
FY 2017 |
251 |
34,844,495,214 |
138,822,690 |
57,317,979 |
270 |
15,428,147 |
22,687 |
37,364 |
*Excluding
shares crossed through POSIT Alert from ITG
algorithms
ITG’s average revenue capture per share in December 2017 was 8%
higher than the third quarter of 2017.
International Trading ActivityThe average daily
trading commissions in December 2017 in ITG’s Canadian, European
and Asia Pacific businesses were up approximately 10% in U.S.
dollar terms on a combined basis as compared to the third quarter
of 2017 and were up approximately 13% as compared to December 2016.
On a blended international basis, there were approximately 19
trading days in December 2017 and 20 days in December 2016.
These statistics are preliminary and may be revised in
subsequent updates and public filings. Volume statistics are posted
on the investor relations section of ITG’s website,
investor.itg.com and are available via a downloadable spreadsheet
file.
About ITGInvestment Technology
Group (NYSE:ITG) is a global financial technology company that
helps leading brokers and asset managers improve returns for
investors around the world. We empower traders to reduce the
end-to-end cost of implementing investments via liquidity,
execution, analytics and workflow technology solutions. ITG has
offices in Asia Pacific, Europe and North America and offers
execution services in more than 50 countries. Please visit
www.itg.com for more information.
ITG Media/Investor Contact:J.T. Farley(212)
444-6259corpcomm@itg.com
Investment Technology (NYSE:ITG)
Historical Stock Chart
From Sep 2024 to Oct 2024
Investment Technology (NYSE:ITG)
Historical Stock Chart
From Oct 2023 to Oct 2024